VW’s index weight will be capped per Monday in the DAX and the Euro Stoxx. As the weighting cap in the DAX is 10%, but VW’s actual weight is 30%, we will have an interesting Friday CLOSE So BE AWARE!!! This is nothing for the fainthearted
As market was pressured in the morning on UBS news … some wanted to see it negative … market not only made it back to Fridays highs … it was even squeezed above the important levels … not long though … FESX holds downtrend … Dax was shortly above it … as even bond insurer [...]
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